Accounting

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 AICPA Accepting Applications for Accounting Scholars Workshop

January 27, 2014 

AICPA Accepting Applications for Accounting Scholars Workshop

Applications for the AICPA's Accounting Scholars Leadership Workshop are now being accepted. Now in their 20th year, the Workshops are an annual invitational program for minority accounting students who plan to pursue the CPA designation.

 Some Restaurants Dropping Automatic Tips For Large Groups

January 23, 2014 

Some Restaurants Dropping Automatic Tips For Large Groups

Like most other restaurants in Maine, DiMillo's On the Water in Portland says it will no longer charge automatic gratuities for most large groups now that a change in the federal income tax code has closed a long-standing loophole.

Change-in-Nonfarm-Private-Employment-December-2013

January 22, 2014 

Report: December Was Strongest Jobs Growth Month in 2013

U.S. private-sector franchise jobs increased by 30,250 during the month of December 2013, according to the ADP National Franchise Report. BThe report measures monthly changes in franchise employment derived from ADP’s actual transactional payroll data.

 FASB Issues New Accounting Guidelines for Goodwill and Interest Rate Swaps

January 22, 2014 

FASB Issues New Accounting Guidelines for Goodwill and Interest Rate Swaps

The Financial Accounting Standards Board (FASB) today issued two updates to U.S. generally accepted accounting principles (GAAP) that provide alternatives for private companies on the subsequent accounting for goodwill and for interest rate swaps—specifically a simplified hedge accounting approach for certain types of swaps.

 CPA Exam Scholarship Program Accepting Applications

January 21, 2014 

CPA Exam Scholarship Program Accepting Applications

The second annual Newton D. Becker Scholarship Program is now accepting applications. The scholarship benefits college students who are pursuing the Certified Public Accountant (CPA) credential, and will award more than $200,000 in financial assistance including 20 full CPA Exam Review scholarships (all four parts of the exam), each valued at $3,360, and additional scholarships…

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